Member Info for JoeBass

Gold price at predicted level 2020. @ $2000 /oz

If 20 moz and at $300 to GGP, for $2000 oz, then that adds a sp of approximately 57p per share.
Do the math.
But @ $2000 oz.

It is, but I didn't want to continue the other disruptive thread.

Is this Corvid-19 thread really necessary ? It evryfookingwhere, give it a rest ffs.

By, Gold-Eagle

"Gold Forecast 3 Years
BULLISH: $2483
LONG-TERM PRICE DRIVERS:
Massive QE, zero interest rates, currency devaluation, US Dollar/inflation, physical premiums."

"In the US, the primary coin dealers sold out of American Eagle coins (gold, silver, platinum) last week. Premiums have skyrocketed. There’s no putting the genie back in the bottle - an unprecedented shift to precious metals has started, led by the frustrated and terrified public. "

"By the end of this decade, we expect gold to reach $7,500 - $10,000".

By, Investing Guide,

"Meanwhile, gold-trading volumes on the COMEX have never been higher."

"Traders at the world’s largest futures market are buying more gold contracts than ever before, a staunchly bullish indicator. And when you buy more than you sell, the price is driven higher."

"Add it all up and my 2020 gold price outlook is:

Minimum High: $1,700
Potential High With No Crisis: $1,800
Potential High With Major Crisis: $2,000 (new all-time high)
Likelihood the $1,050 Low (12-17-15) for This Cycle Is in: 90%
Likelihood Gold Is Higher in 2021: 95%
Potential 5-Year High: $3,000 to $8,000"

"Bloomberg Intelligence reported that central banks’ gold purchases are set to make a 50-year high"

"The Fed’s balance sheet has already been growing at the fastest pace since the 2008 recession. So it’s highly likely that, with QE4, the balance sheet will grow at a faster pace."

"Another round of QE means interest rates will fall. And since interest rates and gold price are negatively correlated, the value of the yellow metal is likely to rise."

While we stare at adversity head on, under our noses, financial reengineering is taking place by the rich and powerful.

The fearful run for cash and the mighty use adversity as a cloak, all the time, loading up.

Is about to leave the station, destination, £2 land and beyond.

In a sea of blue, how the fook are we red?

"now "confirmed" by 3 other people... stay safe folks"

It's not Moe, Larry and Curly, by any chance ?

What's changed today from yesterday to warrant a 50% drop?

Ridiculous fall today.

Nice to see you're still here sasa, always see you as the voice of reason amongst the madness of men, I wish you well sir.

One country in europe states, virus numbers stabilising or contained, stocks like GGP, with outstanding fundamentals, will go vertical from the opening bell.
Will be like a monumental RNS.

I advocated this yesterday and some tool, called it an idiotic post.

"with such an important update. if one person knew the revised figure, I am sure we all would have been told."

The previous one you were told, by me, I was then threatened with a ban and my post removed.

Yes.

"I wouldn't discount or I wouldn't believe that figure either way"

Paddy, you're right to adopt that view, but one can't ignore it either.

If correct, were 5 times behind the value curve.

As if by magic, gold motoring up.

It's the same source that told me about a recent broker note. But one never knows.

DYOR, and trust no one.